Market analysis at night
Good evening, brothers. Many of you have been staying up late to watch the market these days and have not slept well, which makes you terrified.
Let's take a look at the position of BTC. There are two key support levels: $63,000 and $60,000. Once it effectively falls below, the limit support will be around 53,000. Although the probability is very small, we still need to prevent it before it happens!
Near $63,000 is the 60-day moving average of BTC. If it falls at night, the part of the position that is reduced can be bought at this position for 20% to catch a rebound. $60,000 is the life and death line of this round of bull market! So there must be funds to prevent it from falling to $60,000. The trading volume of yesterday's big drop was actually not large, and there were not as many market crashes as in mid-March and April 2.
If Iran and Israel stay stable and do not fight this time, it will be no problem for BTC to return to $70,000 and challenge $80,000 in June and July. The probability of fighting is 70%, and the probability of not fighting is 30%. Beware of this risk.
This decline is also a good opportunity to get on board. Many brothers who missed the opportunity can build positions in batches! #比特币减半 #CPI数据 #大盘走势